HDFC Small Cap Fund Direct Growth NAV rises to ₹156.27 on 30 September; 5-Year CAGR at 14.14%

Key Takeaways:

• HDFC Small Cap Fund Direct Growth recorded a NAV of ₹156.27 on 30 September 2026, rising 0.21%. 
• The one-year return stood at -1.76%, the three-year CAGR at 9.98%, and the five-year annualised return at 14.14%. 
• The scheme managed approximately ₹41,891 crore and had a Direct Growth expense ratio of 0.75%. 
• TREPS was the largest overall disclosed allocation at 10.25%, while Firstsource Solutions was the largest listed equity holding at 3.71%. 

HDFC Small Cap Fund Direct Growth recorded a NAV of ₹156.27 on 30 September 2026, increasing 0.21% for the day. The scheme invests predominantly in small-cap companies, where return patterns can differ materially between individual valuation dates and longer historical periods. The latest increase followed a series of weaker sessions for several funds within the category. 

The one-year return stood at -1.76%. The three-year CAGR was 9.98%, while the five-year annualised return reached 14.14%. The five-year figure was 4.16 percentage points above the three-year number and 15.90 percentage points higher than the one-year result. These readings represent separate historical periods and do not imply future return levels. 

Fund size stood at approximately ₹41,891 crore, and the latest profile showed an operating history of 13 years. The Direct Growth expense ratio was 0.75%. Both the minimum SIP and minimum lump-sum investment were ₹100. 

TREPS represented 10.25% of the disclosed portfolio, making it the largest overall allocation. Firstsource Solutions was the largest listed equity holding at 3.71%, followed by Aster DM Healthcare at 3.56%, Gabriel India at 3.25% and eClerx Services at 3.09%. Historical beta stood at 0.98 and the Sharpe ratio at 0.41. TREPS is a money-market exposure and should be separated from individual company holdings when reviewing the portfolio. 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.